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      Who we are/ Our Teams/ Capital Markets Team/ Completed Transactions/ The Aerospace Building, Cambridge Deal

      Acquisition of a Grade A office sale and leaseback investment

      The Aerospace Building, Newmarket Road
      The Aerospace Building, Newmarket Road, Cambridge

      BMW (UK) Trustees Ltd c/o Legal & General Investment Management


      Net yield

      The property comprised a three storey office, totalling 26,236 sq ft, let on a new 15 year lease with 5 yearly reviews to the higher of OMRV or RPI (2% - 4% collar and cap) at an initial rent of £610,000 per annum.

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